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belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is the car and rich sman a driver. don't give the driver many. they will drive you over a cliff. just common sense. >> eric: not exactly. the only way to save the republic is for us to let the president go off the fiscal cliff. taxes will go up. but mandatory spending cuts get enacted. that seems to be the only way dems will cut a dime. let's save the place for the kids. do you agree? >> greg: i do. >> bob: i think you're crazy. >> greg: funny that bob and i agree but for different reasons. fiscal cliff is a horrible med fore. i means the high grade leftism. what you get are massive cuts in defense. and higher t
belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is...
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they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on
they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on
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we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the dgets more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. year all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and
we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the dgets more to handle the fiscal cliff negotiations. only 36% trust the "r"s in...
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if the economy is great --. ashley: so difficult to trade in this environment right now. >> it is so difficult to trade. people have to be very aware. that is the key word you use, trade. do you want to be a trader or do you want to be an investor? so many people tell me, charles, i don't want to be trader. they buy at 30, goes to 28.04, oh, my god i need to sell it, i'm losing my shirt!. what the heck. i thought you didn't want to be a trader? one of the reasons i'm getting a little bit bullish about the market in general. i'm a individual stock guy. i don't like to do the macro thing. i like the way the market acts. we've seen a shaking out of the weak sisters. we had the market pull back sharply. we saw the pullback in apple. weak holders of stocks, weak sisters have for the most part been shaken out. it would take disasterous news --. ashley: talking about disaster, what if we went over the cliff? >> if we did go over the cliff and saw the market pull back sharply i would look to be a buyer on the pullback.
if the economy is great --. ashley: so difficult to trade in this environment right now. >> it is so difficult to trade. people have to be very aware. that is the key word you use, trade. do you want to be a trader or do you want to be an investor? so many people tell me, charles, i don't want to be trader. they buy at 30, goes to 28.04, oh, my god i need to sell it, i'm losing my shirt!. what the heck. i thought you didn't want to be a trader? one of the reasons i'm getting a little bit...
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the economy's growing two percentage points. subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again we see there's no agreement that done involve those rates going up on the top 2% of the wealthiest. remember it's only 2%. >> former senator alan simpson, co-founder of the fix the debt campaign, choice words and analysis for would-be cliff jumpers. >> when you have leaders of parties and people from the administration saying, i think it will be to the advantage of the democrats to go off the cliff, wealthy it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betti
the economy's growing two percentage points. subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the...
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, i think that economy turns around. ultimately i think yum is in an excellent position, they're doing well domestically in the u.s. with taco bell and pizza hut and i think the growth and expansion in china will come back. >> well, a crude reality for oil today, the commodities sliding roughly 2% so how low can black gold go? we'll make a pit stop to find out and special dividend craze continues, trading the latest names to pay back shareholders early. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. where you stand, turn to us. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and
, i think that economy turns around. ultimately i think yum is in an excellent position, they're doing well domestically in the u.s. with taco bell and pizza hut and i think the growth and expansion in china will come back. >> well, a crude reality for oil today, the commodities sliding roughly 2% so how low can black gold go? we'll make a pit stop to find out and special dividend craze continues, trading the latest names to pay back shareholders early. [ male announcer ] with wells fargo...
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economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock to get the goods to people to make sure that santa has all of the presence under the tree and hanukkah is being celebrated. >> okay. so next question. this has to do with pot. we opened the show with the issue of pot. it is an issue that your state knows intimately with medical marijuana be legalized. you have a complex relationship with that legalization. i don't want to get into your local issues. i want to get into your issues with the fed. so many people don't understand how these federal laws that continue to ban marijuana sale, use, trafficking, et cetera, will reconcile with state laws that are allowing it. have you had complex conversation with eric holder and the feds on backing off and allowing states to do their things? >> no, i haven't. i believe that the governor has but we've had our own problems locally because ou
economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock to get the goods to people to make sure that santa has all of the presence under the tree and hanukkah is being celebrated. >> okay. so next question. this has to do with pot. we opened the show with the issue of pot. it is an issue that your state knows intimately with...
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. >> steve: it could be a sign of a lowsy economy. so many people who need jobs and as you have detailed, it is relatively easy to get on the disability list. i need to feed my family and this is my last option. >>> that's right. in a nation of moochers, part of what happens. if you are laying out money people come and take it. if the government is giving out free money, people are going to line up for that money and again, the disability insurance program is not supposed to be a jobless program and simply an economic program, it is supposed to be providing a leg up to people who need that help . unfortunately, i think it is something else. >> steve: there should be better standards. >> brian: a nation of moochers. charlie psyches, thanks so much. 26 minutes after the hour. >> steve: imagine returning home after work to an empty lot. your used to be right there and it is gone. >> she said to me are you sure your house is gone? i said you misplace a pen or pencil and you don't misplace a house. >> steve: we'll tell you the story. >> br
. >> steve: it could be a sign of a lowsy economy. so many people who need jobs and as you have detailed, it is relatively easy to get on the disability list. i need to feed my family and this is my last option. >>> that's right. in a nation of moochers, part of what happens. if you are laying out money people come and take it. if the government is giving out free money, people are going to line up for that money and again, the disability insurance program is not supposed to be a...
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. >> although that hurts the economy, too. >> everything hurts the economy. so it's a question of which is most -- or least harmful and that tends to be cutting government spending. >> but i do think it's -- >> although tim geithner would disagree with me. >> one side wants to keep the government and entitlements like we have it. and the other side wants to take away all the excess government -- >> i think both sides agree that you need to do both. just a question of how much. >> we need to do both to do a deal. i don't think both sides dwre that it's the right thing to do. just to get a deal done. >> i think moderates in both parties -- >> people on the right think we're plenty big. and there are other people on the left that would like to do more social -- even grow government and pay for it up to 70%. so there are people. >> all right. when we come back, we'll talk about why manufacturing optimism is falling and falling fast. but first, gangnam style is on its way to racking up 1 billion views on youtube. with one song, this 34-year-old is set to become a
. >> although that hurts the economy, too. >> everything hurts the economy. so it's a question of which is most -- or least harmful and that tends to be cutting government spending. >> but i do think it's -- >> although tim geithner would disagree with me. >> one side wants to keep the government and entitlements like we have it. and the other side wants to take away all the excess government -- >> i think both sides agree that you need to do both. just a...
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not only to him but to the economy and to our country. >> well, i agree. i guess i don't know if you have a group of people basically saying this is what we're going to do, this is it, this is as far as we're going -- >> the republicans have to meet in the middle. >> you just have to get it done in a graceful way and not just hammer them. >> when we come back there are more than 7 billion people on this planet and "forbes" magazine has compiled a new list of the most powerful people who truly run the world. we'll go through this year's top power players with "forbes" editor randall lane. also joining us editor of "national memo" joe connison. >> the least powerful man even in his own household. >> bill karins with a check on the forecast. >> very strong and strapping. >> yeah right. not alone there in the household thing. good morning everyone. the lack of snow is really starting to creep into everyone's foremind. we are watching for the most part one of the least coverage of snow across the country we've seen for this time of year. let me show you the map
not only to him but to the economy and to our country. >> well, i agree. i guess i don't know if you have a group of people basically saying this is what we're going to do, this is it, this is as far as we're going -- >> the republicans have to meet in the middle. >> you just have to get it done in a graceful way and not just hammer them. >> when we come back there are more than 7 billion people on this planet and "forbes" magazine has compiled a new list of...
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more of their money to the federal government without raising tax rates which we believe will harm our economy. >> and new polling by the associated press could strengthen the president's hand in negotiations. 48% of americans say they support the idea of raising taxes on the highest earners. that's compared to 32% who say tax cuts should continue for everyone. >> well, hillary clinton says she insists that she wants to get out of politics. but a new poll shows that the majority of americans are hoping she has a change of heart. the latest abc news/"washington post" poll shows 50% of americans would vote for hillary clinton in 2016. 37% would oppose such a campaign. hillary clinton also has a strong bid of support in her home state of new york where 54% of voters say she would make a great runner. but new yorkers are not so enthusiastic about the current governor jumping into the race. 39% support andrew cuomo's 2016 presidential bid. and more on 2016, already casino mogul is also looking toward 2016 after spending almost $150 million on the 2012 election, the billionaire is vowing to continue
more of their money to the federal government without raising tax rates which we believe will harm our economy. >> and new polling by the associated press could strengthen the president's hand in negotiations. 48% of americans say they support the idea of raising taxes on the highest earners. that's compared to 32% who say tax cuts should continue for everyone. >> well, hillary clinton says she insists that she wants to get out of politics. but a new poll shows that the majority of...
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. >> bill: i'm perplexed because i thought florida would go for mitt romney based upon the economy primarily but romney spent a lot of time and money there. but what did the -- what message that the president brought to florida sueded for him? >> i'm not sure if it's the president's message. it's the message that we need to do a better job as a movement. not just the republican party. those who believe in limited government and preenterprise have to do a better and more consistent job of explaining to people why free enterprise is better for them. >> bill: elected you in florida. they elected governor scott. both of you guys are conservative smaller government people. this is why it's so confusing. because you elect you. you elect scott. now they did elect liberal senator there and they're all over the place. i just don't know why florida, virginia, ohio, colorado -- colorado, i kind of know. why the republican message didn't resonate. i don't understand why the republican message did not resonate in those states. >> well, i can't speak to those other states in detail but i can tell you abou
. >> bill: i'm perplexed because i thought florida would go for mitt romney based upon the economy primarily but romney spent a lot of time and money there. but what did the -- what message that the president brought to florida sueded for him? >> i'm not sure if it's the president's message. it's the message that we need to do a better job as a movement. not just the republican party. those who believe in limited government and preenterprise have to do a better and more consistent...
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i think america's got to think that what it needs to do is get growth in its economy, as well. and it needs to get growth by trade and exporting. and i think what we're missing at the moment is a global agreement whereby the big powers try to work on the economy. you have to have fiscal problems and you also have to have growth. that's the key for the future. there's a global deal waiting to be done, with china, europe, india also involved in this, and of course, america itself, where we could build the confidence that's necessary to get high levels of growth around the world. >> finally, gordon brown, i couldn't let you go without asking your view of the single biggest news story to hit the planet in the last week. it is, of course, the royal baby. >> it's incredibly important that we give them the privacy because her health is a massive issue. but you can see that britain thinks -- we have a monarchy that you can see prince charles and prince william, and the baby that comes from the pregnancy. you can see the monarchy stretching 100 years ahead. >> you certainly can. and lon
i think america's got to think that what it needs to do is get growth in its economy, as well. and it needs to get growth by trade and exporting. and i think what we're missing at the moment is a global agreement whereby the big powers try to work on the economy. you have to have fiscal problems and you also have to have growth. that's the key for the future. there's a global deal waiting to be done, with china, europe, india also involved in this, and of course, america itself, where we could...
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job market there, the economy. it's depressed. >> dana: the point of the election and swing state of michigan is president obama saved michigan and the auto industry in detroit because of his actions to bail him out. at least she is honest about what they are looking for. they are not honest about the problem. >> bob: pall ryan fleeced left and right. >> dana: you are hilarious. >> greg: i was hoping this was bacon. i thought they were bringing bacon home. i was depressed -- >> kimberly: you like bacon. >> greg: everybody got bacon instead of money it would be a better place. >> eric: leave it there. coming up, three stories that you will not believe the real story behind the shoeless nan the photo that made national headlines. atheists won a battle in the war on christmas taking down charlie brown. nudists in the california go nuts. rights are taken away. ♪ ♪ s from at 6:00 eastern. back to my colleagues with "the five." ♪ ♪ >> kimberly: treb story of the homeless man given boots from cop on cold night in
job market there, the economy. it's depressed. >> dana: the point of the election and swing state of michigan is president obama saved michigan and the auto industry in detroit because of his actions to bail him out. at least she is honest about what they are looking for. they are not honest about the problem. >> bob: pall ryan fleeced left and right. >> dana: you are hilarious. >> greg: i was hoping this was bacon. i thought they were bringing bacon home. i was...
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our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think they'll eventually put a rate increase on the table? >> they're either going to do that or take us into a very dangerous fiscal situation over the cliff.; @&h(lc% this is a lucy in the football situation and the president says, i'm not going to kick again until you show me some serious commitment. and keep in mind, this is the republican leadership that supported the $718 billion of savings in medicare that was part of t
our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking...
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find out what's really happening to the global economy. cars are no holds barred the global financial headlines. a report on. the emission free credit take three months for charges free. agency three. three. priests the old city block plug in video for your media projects a free media. the a. player.
find out what's really happening to the global economy. cars are no holds barred the global financial headlines. a report on. the emission free credit take three months for charges free. agency three. three. priests the old city block plug in video for your media projects a free media. the a. player.
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>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost religious and ideological, how fervently that belief is and how common that is among people who make a ton of money. >> it's one of the few times that you find a vague semblance of ideology in these people. because they're very practical, most of the time. whatever works in terms of making money is what they'll all choose. but you're right, sometimes even when you show them the numbers and say, listen, recognizing unions, you can be more profitable overall, they don't like that. >> felix salmon, reuters finance blogger, who will be live blogging in january, you should check that out, thanks for
>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost...
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welcome back to the big picture i'm tom arbonne coming up in this half hour when talking about the economy everyone is always. g.d.p. that is obsessing over our nation's gross domestic product really the best way to talk about the growth and those state of the american economy and it is and it's daily take not even a month after the election and republicans are already had plans to steal the presidency in two thousand and sixteen what is everybody done once and for all the stop these attacks on the right of the people to vote. and screw news how dare someone speak up about gun violence in america well it's exactly what n.b.c. sports commentator bob costas did during sunday's broadcast of sunday night football process was addressed in the tragic murder suicide involving kansas city chiefs player j. vaughn belcher here's what to say. our current done culture with lock wrote ensures that more and more domestic disputes will end in the ultimate tragedy and that more convenient store confrontations over loud music coming from a car will leave more teenage boys bloodied and dead handguns do not
welcome back to the big picture i'm tom arbonne coming up in this half hour when talking about the economy everyone is always. g.d.p. that is obsessing over our nation's gross domestic product really the best way to talk about the growth and those state of the american economy and it is and it's daily take not even a month after the election and republicans are already had plans to steal the presidency in two thousand and sixteen what is everybody done once and for all the stop these attacks on...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses welcome to the world leader in derivatives. welcome to superderivatives. >>> we already bailed out a couple of its auto companies, but now should the federal government bail out the entire city of detroit? incredibly, some say yes. ahead of president obama's visit to detroit monday, that will be his first in nearly eight months, detroit councilwoman e joe -- joanne watson thinks so. >> our people overwhelmingly supported president obama and quid pro quo. >> joining me is doc thompson of talk radio 1270 wxyt. doc, welcome. let me start without this thought. if you have a federal bailout of detroit, doesn't that mean that citizens, taxpayers of texas, let's say, would
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses welcome to the world leader in derivatives. welcome to superderivatives. >>> we already bailed...
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. relieves nasal congestion. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 pe
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. relieves nasal congestion. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight,...
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. >>> there is some news on the economy and the jobs front tonight. citigroup announced it's laying off 11,000 people, about 4% of its work force, in an effort to cut costs and increase profits. third largest bank in the u.s. is closing 44 branches as a part of this which deals most of the job losses come from the consumer banking unit which deals with everyday banking transactions. >>> and on a day we were given stunning views, from nasa, about the very same planet, we also learned as our very own anne thompson reports, the arctic is continuing to break records, including greater melt of the ice sheet. and less snow records, it is unlikely, scientists say that conditions can be reversed any time soon. >>> still ahead for us with time running out on the way to a new deal. congress is running out of time, potentially a way to run the country off the fiscal cliff. >>> and later, how kate middleton got caught up in a royal hoax while hospitalized in london. th. so give unitedhealthcare a call today. consider a medicare advantage plan. it can combine doct
. >>> there is some news on the economy and the jobs front tonight. citigroup announced it's laying off 11,000 people, about 4% of its work force, in an effort to cut costs and increase profits. third largest bank in the u.s. is closing 44 branches as a part of this which deals most of the job losses come from the consumer banking unit which deals with everyday banking transactions. >>> and on a day we were given stunning views, from nasa, about the very same planet, we also...
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i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the income from small business. so they're hiring the majority of people. to me that is going to cost us jobs. >> well, you know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not just about raising tacks. it is also about the debt ceiling. it is about unemployment insurance. we have number of key issues that absolutely have to be resolved byythe end of the month. i want to tell you something, in spite of what it might look i'm actually optimistic i think this is the way negotiations happen. melissa: you are? >> in the political world, i am, i am. in the political world, you know 30 days is a lifetime. and so i believe that we will reach agreement. now what i don't believe will happen i don't believe we'll solve a
i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the income from small business. so they're hiring the majority of people. to me that is going to cost us jobs. >> well, you know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> as of today, we're 1433 days away from the next presidential election. >> for pollsters and politicians, it's not too soon to be thinking and looking ahead. jim acosta is here with some of the new numbers getting a lot of attention. >> and we're counting down those days, it's not that many. another sign that there is no cure, washington is buzzing with talk of 2016 just as voters are trying to put the last election behind them. some potential candidates are doing little to hide their intentio
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america...
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. >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue. >> in order for us to raise the amount of revenue that's needed just by closing deductions and loopholes for high earners we'd have to, for example, eliminate or severely cap the char itible deduction. >> an obsession to raise taxes not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on the wasteful spending in washington. >> and meantime, "the new york times" jonathan wiseman reports behind the scene republican leaders are considering the president's plan to extend middle class tax cuts now an address the debt and spending in the new year. here's republican senator tom coburn on "morning joe." >> actually, i would rather see the rates go up than the other way and greater chance to broaden the base in the future. >> do something, a down payment on cuts, on investments and revenue this year. and then in the next year take the time to g
. >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue. >> in order for us to raise the amount of revenue that's needed just by closing deductions and loopholes for high earners we'd have to, for example, eliminate or severely cap the char itible deduction. >> an obsession to raise taxes not going to solve the problem. what will solve the problem is doing...
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economy? we'll show you some stats to make you go -- hmm. we'll talk more about apple's slide, should microsoft's ceo steve ballmer get the boot if the surface fails. and we will introduce to you quite possibly the world's dumbest demolition crew. it involves a multi-million dollar bore chateau and really bad bulldozing. >> yikes. see you at 1:00, brian. thank you. >>> listen up wall street recruiters, a recent rash of college cheating scandals has shown academic dishonesty is unfortunately a very big problem on campus today. who are the worst offenders? tonight's premier of "faking the grade -- classroom cheaters," we'll tell you. they'll find out which students are most likely to cut corners in the battle to gain an edge. >> reporter: don mccabe and his canadian colleague collaborate on research. mccabe says in the u.s. business students cheat the most. engineering students are often near the top of the list. and so are communications and journalism students. women studied at one university said they don't cheat when they're in a women-onl
economy? we'll show you some stats to make you go -- hmm. we'll talk more about apple's slide, should microsoft's ceo steve ballmer get the boot if the surface fails. and we will introduce to you quite possibly the world's dumbest demolition crew. it involves a multi-million dollar bore chateau and really bad bulldozing. >> yikes. see you at 1:00, brian. thank you. >>> listen up wall street recruiters, a recent rash of college cheating scandals has shown academic dishonesty is...
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we're talking about fiscal cliff, and we're forgetting about the weak economy in the uk. there are two things that i'm watching. i'm looking at central banks around the world constituent adding physical gold to their coffers to the opportunity of 400 tons. and a new investor class, the etp, investors holding 2600 tons of gold and the fourth largest holder. so when i start watching, if we start reducing those levels, maybe the top is in. by the way, the dollar is closer to the lows than it is to the highs, so keep an eye on the dollar as well. >> okay. it sounds like it's too early to call in your view. let's look at what goldman is cowling for. they're cutting their 3, 6 and 12-month targets. do you agree with those levels where you see it going long term and short term? >> jackie, you know, the numbers we have to watch right now, i don't know if i necessarily agree with those numbers. but the numbers we're looking at right now are the numbers we have covered on this show a few times. it's 1675 to 1672. that's the big support there. if we get through that, we'll see 1600,
we're talking about fiscal cliff, and we're forgetting about the weak economy in the uk. there are two things that i'm watching. i'm looking at central banks around the world constituent adding physical gold to their coffers to the opportunity of 400 tons. and a new investor class, the etp, investors holding 2600 tons of gold and the fourth largest holder. so when i start watching, if we start reducing those levels, maybe the top is in. by the way, the dollar is closer to the lows than it is to...
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obviously globally the economy is still soft. europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle that we all want to see. what is holding us back right now, ironically, is a lot of stuff that's going on in this town and i know that many of you have come down here to try to see, is there a way that we can break through the log jam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. i know that you've got a lot of briefings but let me just try to describe where the situation is right now with respect to our fiscal situation, both what the opportunities are but what also the challenges
obviously globally the economy is still soft. europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle...